Port of Portland has decided to halt its container operations in October due to financial challenges, according to several US media.
The major port in Oregon seems to be facing financial difficulties and as an agreement with a third-party operator was not completed, the Port of Portland said it cannot afford to keep the box terminal open past September.
According to OPB, the Port of Portland has lost over US$30 million in the last three years, including a projected US$14 million shortfall for...
https://container-news.com/port-of-portland-closes-container-terminal-due-to-financial-issues/